Transforming Business: Why stagnant economic growth in Latin America is linked to its below par transport infrastructure

Stagnant economic growth in Latin America is linked to its failure to invest in proper transport infrastructure. Only 23% of the region's roads are paved and it's home to one of the least extensive rail networks in the world. That makes it really uncompetitive to do business, with traders paying much higher logistics costs compared to other regions of the world.